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Odaily News A class action lawsuit against Magic Eden was accepted by the U.S. District Court for the Eastern District of New York on June 16. Plaintiffs Jaime Pagan, Ariel Ruano, and Chris Sadowski allege that Magic Eden and its executives made false statements when promoting the ME token, marketing it as a "pillar of a growing online asset marketplace" while failing to deliver on those promises, causing significant financial losses to investors. The defendants include Magic Eden co-founders Jack Lu, Zhuoxun Yin, Sidney Zhang, and Zhuojie Zhou, as well as the operating entity Euclid Labs Inc., the ME Foundation, and others. The case has been officially filed.
Odaily News According to Bloomberg, Amsterdam-based market maker Optiver has taken a stake in venture capital firm Eden Block, which focuses on the crypto and artificial intelligence sectors, to gain exposure to investments in related early-stage projects.Optiver stated that this move aims to position itself in two major technological directions that could reshape trading and capital market infrastructure—AI and digital assets. Its Head of Technology Ecosystem and Innovation pointed out that these two fields continue to attract institutional capital attention and possess long-term transformative potential. (Bloomberg)
According to Bloomberg, Amsterdam-based market maker Optiver Holding BV has made an equity investment in Eden Block, a venture capital firm focused on cryptocurrency and artificial intelligence. Michael Lepa, Head of Technology Ecosystem and Innovation at Optiver, stated that the investment aims to gain exposure to early-stage AI and digital asset companies, and that both technologies hold promise for reshaping the underlying infrastructure of trading and capital markets.